StocksMedium•3 November 2026•
1 min read
Manitowoc Q3 Net Income Jumps 120% as Company Raises Full-Year 2026 Guidance
Key Facts
1The Manitowoc Company reported Q3 net income of $11.0 million, a 120% increase year-over-year.
2Net sales rose 10.9% to $613.8 million, while orders grew by 37.6% to $676.4 million.
3The company raised its full-year guidance for adjusted EBITDA and adjusted diluted earnings per share.
The Manitowoc Company reported Q3 2026 net income of $11.0 million, a 120% increase year-over-year. According to Stock Titan, net sales rose 10.9% to $613.8 million, while new orders surged by 37.6% to reach $676.4 million. Following the strong quarterly performance, the company raised its full-year guidance for adjusted EBITDA and adjusted diluted earnings per share.
MTW closed at $23.58 on November 2, 2026, having traded between a day low of $23.39 and a high of $24.47 during that session. The financial results were bolstered by a 39% increase in adjusted EBITDA to $47.4 million, with the company reporting an adjusted return on invested capital (ROIC) of 8.0% as of September 30, 2026.